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$ACM maintained its adj EPS outlook for FY16 of $3.00 to $3.40, which assumes an expected contribution from the monetization of a portion of AECOM Capital investments in 4Q16. The Company expects to exit FY16 at a synergy savings run-rate of $275MM and to incur approx. $200MM of acquisition and integration expenses during the fiscal.
$KMB down close to 4% after it misses on earnings and revenue. Forecasts are lower for the year.
It is official, with $T buying $TWX, it looks like distributors want to own the content production too. Expect some good competition between Netflix ($NFLX), AT&T, Comcast ($CMCSA) and others. However, will this be good for the consumers will not be decided soon.
$NFLX a monster move, going up. Expect making some money on Monday.